We are accustomed to describing a solution in terms of the concentration of the one or more solutes. However,manyoftheimportantphysicalpropertiesofasolutiondependmoredirectly
Endowment plan is a combination of insurance and investment. In term plan which is a pure insurance there is no maturity benefit. It means if a person dies during the term of policy then only his beneficiaries will get some money otherwise at maturity, at the end of the term there is no benefit.
Endowment policies are broadly classified into two types - Endowment - Without profit and Endowment - With profit. The endowment without profit policies are also known as term insurance plans offer the nominee the sum assured only, upon death of the insured.